AGM Q1 2023 Earnings — Federal Agricultural Mortgage Corporation Revenue & Financial Results | Market Cap Arena

AGMFederal Agricultural Mortgage Corporation

$2B

Q1 2023 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$321M+133.9% YoY

Gross Profit

$84M26.1% margin

Operating Income

$60M18.7% margin

Net Income

$47M14.7% margin

EPS (Diluted)

$3.69

QoQ Revenue Growth

+17.6%

Cash Flow

Operating Cash Flow

$61M

Free Cash Flow

$61M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$27.9B

Total Liabilities

$26.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$865M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$321M	$137M	+133.9%
Gross Profit	$84M	$87M	-3.5%
Operating Income	$60M	$65M	-8.2%
Net Income	$47M	$51M	-8.6%